Tata discom in solar power deal for Delhi

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NEW DELHI: US-based renewable energy major SunEdison has inked a 20-year agreement with TPDDL (Tata Power Delhi Distribution Ltd), one of the two discoms in the national capital, for providing 180 mw solar power.

SunEdison is to supply solar power from a project it is setting up at Shivpuri in Madhya Pradesh. SunEdison expects to tie up funds in the next 6-9 months and the project is expected to become operational in the next one-and-a-half year.

There will be two tariffs, Rs 5.93 and Rs 5.97 per unit. The landed cost of power, after including other costs such as transmission charges, will be Rs 6.49 and Rs 6.52 per unit.

Source: THE TIMES OF INDIA

 

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